Norway Government Welcomes Bitfury

Bitcoin industry giant Bitfury is opening a new bitcoin mining center in Norway, bringing investments and jobs in a move that has “delighted” the country’s government.

In an announcement on Tuesday, the BitFury Group revealed details of its expansion into Norway with – what it deems – a sustainable, energy-efficient ‘datacenter’ in a foray backed by the government. Bitfury is investing about 274 million NOK (35 million USD) toward the datacenter that will be located in the town of Mo I Rana, a major town in Northern Norway. Around 30 jobs are expected to be created locally.

Reference: https://www.ccn.com/norway-government-welcomes-bitfury-to-open-35-million-bitcoin-mining-datacenter/

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